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  4. People's Energy Cooperative
EIN 41-0473341

People's Energy Cooperative

IRS 501(c) type
501(c)(12)
Num. employees
73
City
Oronoco
State
Minnesota
Year formed
1936
Most recent tax filings
2022-12-01
NTEE code, primary
W80: Public Utilities
Description
People's Energy Cooperative distributes electricity to its members by buying and selling electric energy. Its mission is to ensure that its members have access to reliable and affordable electricity.
Also known as...
People's Cooperative Services
Total revenues
$57,980,247
2022
Total expenses
$53,763,724
2022
Total assets
$177,175,352
2022
Num. employees
73
2022

Program areas at People's Energy Cooperative

The primary purpose of the Cooperative is to buy electric Energy and sell electric Energy to its members.

Personnel at People's Energy Cooperative

NameTitleCompensation
Michael J HenkeChief Executive Officer and President$233,389
Dody WubkerChief Financial Officer
Patrick NelsonDirector of Engineering and Operations$144,295
Michelle OlsonDirector of Member Service$128,987
Gary FittererDirector of Engineering$130,703
...and 5 more key personnel

Financials for People's Energy Cooperative

RevenuesFYE 12/2022
Total grants, contributions, etc.$0
Program services$54,703,554
Investment income and dividends$122,546
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$50
Net gain from sale of non-inventory assets$1,923,869
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$18,029
Miscellaneous revenues$1,212,199
Total revenues$57,980,247

Form 990s for People's Energy Cooperative

Fiscal year endingDate received by IRSFormPDF link
2022-122023-10-10990View PDF
2021-122022-11-11990View PDF
2020-122021-11-11990View PDF
2019-122021-06-24990View PDF
2018-122020-01-15990View PDF
...and 9 more Form 990s

Organizations like People's Energy Cooperative

OrganizationLocationRevenue
Coosa Valley Electric CooperativeTalladega, AL$50,119,583
Little Ocmulgee Electric Membership CorporationAlamo, GA$25,249,689
Mid-Carolina Electric Cooperative Attn Theresa CrepesLexington, SC$148,136,586
Lake Region Electric CooperativePelican Rapids, MN$56,475,666
Eastern Iowa Light and Power CooperativeWilton, IA$66,377,154
FreeState Electric CooperativeTopeka, KS$47,018,053
Three Rivers Electric CooperativeLinn, MO$47,009,896
Mountain Electric CooperativeMountain City, TN$66,777,111
Minnesota Valley Electric CooperativeJordan, MN$112,862,188
Lake Country PowerCohasset, MN$110,864,875
Data update history
December 2, 2023
Posted financials
Added Form 990 for fiscal year 2022
December 1, 2023
Updated personnel
Identified 4 new personnel
November 27, 2023
Used new vendors
Identified 3 new vendors, including , , and
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 7, 2023
Updated personnel
Identified 3 new personnel
Nonprofit Types
Public utilitiesPublic sector nonprofitsHeadquarter / parent organizations
Issues
Community improvement
Characteristics
No characteristics found
General information
Address
1775 Lake Shady Ave South
Oronoco, MN 55960
Metro area
Rochester, MN
County
Olmsted County, MN
Website URL
peoplesenergy.coop/ 
Phone
(507) 367-7000
IRS details
EIN
41-0473341
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1936
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
W80: Public Utilities
NAICS code, primary
2211: Electric Power Generation, Transmission, and Distribution Establishments
Parent/child status
Central organization
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